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For sale
  • $980,000

    271 Newark Ave #1, Jersey City, NJ 07302

    0beds
    836sqft
    : 
    $6,787/mo
    Get pre-qualified
    Condominium
    Built in ----
    -- sqft lot
    $968,300 Zestimate®
    $1,172/sqft
    $-- HOA

    What's special

    Perfect blank slateEye-catching signage potentialHighly adaptable high-visibility facadeRestroom and kitchenette
    Positioned in the heart of Downtown Jersey City’s most vibrant and rapidly expanding commercial corridor, 271 Newark Avenue presents a rare, highly adaptable opportunity for business owners, investors, and entrepreneurs. Unit 1 is a commercial condominium of over 825 square feet that offers a perfect blank slate in one of New Jersey’s most dynamic and sought-after neighborhoods. As Downtown Jersey City continues its extraordinary growth trajectory, securing a footprint on Newark Avenue places your brand directly at the center of the action. Whether you are envisioning a flagship retail storefront, a bustling neighborhood cafe, a salon, a modern medical practice, or an innovative corporate office space, this property provides the ideal foundation to bring your specific vision to life. The sheer energy of the surrounding neighborhood is one of the property's greatest assets. Located directly on the thriving Newark Avenue corridor, the storefront benefits from continuous, heavy foot traffic day and night. Your business will thrive just steps away from Jersey City’s famed pedestrian plaza, a bustling hub that draws both locals and visitors alike. The area is surrounded by an established, ever-expanding ecosystem of dense luxury residential developments, ensuring a built-in customer base right at your doorstep. By joining this vibrant community, you will be situated alongside a curated mix of thriving local shops, top-tier restaurants, artisanal cafes, and vibrant nightlife destinations. Beyond the immediate neighborhood appeal, 271 Newark Avenue boasts unparalleled transit orientation and regional accessibility. For your customers, clients, and employees, the commute is exceptionally convenient. The property is situated just a short, scenic walk from the Grove Street PATH Station, and is heavily serviced by local bus routes and offers incredibly easy access to major highways, cementing its status as a highly accessible destination for both vehicle and pedestrian traffic. With a highly versatile, wide-open interior layout alongside a restroom and kitchenette, the space invites endless potential. The basement crawlspace offers options for storage and access to reconfigure utilities strictly to your business needs. Complementing the interior flexibility is the building’s highly adaptable, high-visibility facade. The exterior can be easily customized to feature expansive storefront windows that flood the interior with natural light and allow for captivating visual merchandising. Eye-catching signage potential guarantees that your brand will command attention from both pedestrians strolling the avenue and passing street traffic. Finally, in a bustling downtown market where urban space is at an absolute premium, this property includes one of the most coveted amenities imaginable: one dedicated, gated, and deeded parking space. This exceptionally rare convenience provides seamless, stress-free access for business owners or delivery logistics.
    80 days
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    70
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    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    MARCUS W PINTO 917-523-5497,

    COMPASS NEW JERSEY, LLC 551-212-3870

    Source: HCMLS,MLS#: 260010824

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 0
      • Bathrooms: 1
      • 1/2 bathrooms: 1
      Heating
      • Central
      Cooling
      • Window Unit(s)
      Appliances
      • Included: None
      Features
      • 4 Other Rooms
      • Flooring: Hardwood
      Interior area
      • Total structure area: 836
      • Total interior livable area: 836 sqft

      Property

      Parking
      • Parking features: 1 Car
      Details
      • Parcel number: 0611004000000012C8001

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Other
      • Property subtype: Condominium
      Materials
      • Stucco

      Community & HOA

      Location
      • Region: Jersey City

      Financial & listing details

      • Price per square foot: $1,172/sqft
      • Tax assessed value: $251,400
      • Annual tax amount: $5,870
      • Date on market: 6/4/2026
      • Inclusions: Fixtures/appliances
      • Exclusions: furniture, staging

        Estimated market value

        $968,300

        $920,000 - $1.02M

        $3,239/mo

        Price history

        DateEventPrice
        6/4/2026Listed for sale$980,000+40%$1,172/sqft
        Source: HCMLS #260010824 Report a problem
        8/10/2020Sold$700,000$837/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$5,614 -0.6%$251,400
        2023$5,649 +40.1%$251,400
        2022$4,032 $251,400
        2021$4,032 +4.2%$251,400
        2020$3,872 +3.5%$251,400
        2019$3,741 -28.3%$251,400
        2018$5,218 +1.3%$251,400 +275.8%
        2017$5,152 +2.9%$66,900
        2016$5,005 +0.6%$66,900
        2015$4,973 +48.7%$66,900
        2014$3,345 $66,900
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Downtown

        Getting around

        99 / 100
        Walker's Paradise
        80 / 100
        Excellent Transit
        80 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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